July Online Sales Up 11%, NRF Reports, Warning of Tariffs' Impact
Online sales rose 11.3 percent last month year over year, the National Retail Federation said Wednesday. “Uncertainty” over tariffs on Chinese imports (see 1808150043) is the potential “fly in the ointment,” said NRF: “If they escalate, they will no doubt…
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weigh on confidence and household spending.” Tech groups and others are worried, too (see 1808150018 and 1808150009).